REQUEST FOR PROPOSALS

(FRAMEWORK AGREEMENT (MINI-COMPETITION))

FOR

Workstream 1: Climate-Risk Assessment, Stress

Testing, and Development of Action Plans and
Strategies for the Cooperative Rural Development
Bank (CRDB Bank Plc) in Tanzania

RFP Ref: GCA-PR-24-579 RFP 01-25

CLOSING DATE: FRIDAY, 28 MARCH 2025

CLOSING TIME: NOT LATER THAN 16:00:00 hours (04:00:00 p.m. o’clock), Central European Time (CET)

PROPOSALS RECEIVED AFTER THE CLOSING DATE AND TIME SHALL BE REJECTED

Issued on: 11 03 2025

 Table of Contents

1. Introduction ...................................................................................................... 4
Background on the Framework Agreement............................................................... 4
Project Context ............................................................................................................ 4
2. Preparation of Proposals and general information ............................................ 5
3. Submission and Opening of Proposals .............................................................. 5
4. Subcontracting ................................................................................................. 6
5. Evaluation of Proposals and Bidders ................................................................. 7
Exclusion Criteria ......................................................................................................... 7
Award Criteria .............................................................................................................. 8
6. RFP Cancellation ............................................................................................ 10
7. Ownership of Proposals Submitted ................................................................. 10
8. Liabilities for Errors ........................................................................................ 10
Annexes ................................................................................................................ 13
Annex 1: Terms of Reference .......................................................................................... 13
Annex 2: Financial Proposal Form ................................................................................... 27
Annex 3: Declaration of Honor ......................................................................................... 31

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 2

 Acronym Description
AAAP Africa Adaptation Acceleration Program
AfDB African Development Bank
CapEx Capital Expenses
CET Central European Time
CRA Climate Risk Assessment
CRDB Cooperative Rural Development Bank Plc
CRST Credit Risk Stress Test
CV Curriculum Vitae
EOI Expression of Interest
EU European Union
FI Financial Institution
GCA Global Center on Adaptation
MTPRs Mandatory Technical Proposal Requirements
N/A Not Applicable
NBS Nature-based Solutions
NDP National Development Plan
NPV Net Present Value
RFP Request for Proposal
SDG Sustainable Development Goals
VAT Value Added Tax
WBG World Bank

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 3

 1. Introduction
Background on the Framework Agreement
The Global Center on Adaptation (GCA) works as a solutions broker to scale up and support
innovative climate-adaptation solutions. GCA and the African Development Bank (AfDB)
launched the Africa Adaptation Acceleration Program (AAAP) to mobilize $25 billion to drive
adaptation on the African continent through four strategic pillars on food security,
infrastructure, youth and employment, and climate finance. These results will be delivered
through partnerships with Multilateral Development Banks and other leading implementation
organizations, stakeholders, political and technical bodies. Within the framework of this
partnership, GCA leads upstream activities with the broad goal of leveraging climate finance
to unlocking access to $1 billion in climate adaptation finance by 2025 by designing innovative
public and private financial instruments and solutions, including structuring resilience bonds
and debt for-resilience swaps.

As part of the Adaptation Finance program, GCA is launching a new initiative that strategically
targets both the supply and demand sides of climate adaptation finance to accelerate private
sector engagement in climate adaptation across Africa. On the supply side, the initiative aims
to prepare domestic financial systems to effectively channel, absorb, and deploy funds from
institutional and sovereign investors, ensuring climate-resilient economic development. This
will involve developing and testing new mechanisms to help African banks understand and
manage climate risks, with a focus on derisking portfolios, identifying adaptation market
opportunities, and building capacity to scale investments. Through a ‘learning by doing’
approach, GCA will provide transaction-level support to strengthen banks' capabilities,
enabling them to play a larger role in climate adaptation.

Within this context, GCA provides targeted technical assistance to integrate adaptation and
resilience into finance projects across African sectors and countries. GCA has signed a
Framework Agreement with selected Service Providers to deliver three types of services with
the goal of enhancing, particularly banks, to understand and capitalize on climate risks and
opportunities. By improving these institutions' ability to manage climate risks within their
portfolios and access international and local financing, GCA aims to increase the supply of
funds available for climate adaptation projects. The three services provided are:
• Portfolio De-risking
• Capacity Building
• Climate Adaptation Investment Pipeline Development

Project Context
The overarching objectives of this assignment are to identify and quantify channels through
which climate change will impact CRDB’s clients in key sectors, including but not limited to
agriculture and infrastructure. Outputs will be used to provide technical market and investment
insight that enables CRDB to advise its clients and deploy capital into climate adaptation. In
addition, this assignment will help inform and shape CRDB’s climate risk stress testing
framework in compliance with BOT guidelines.
Within this context, GCA seeks a Service Provider to support CRDB in assessing climate risks
and stress testing to evaluate the potential impact of climate shocks and stressors under
future climatic conditions.
The detailed Terms of Reference and Deliverables for this assignment are presented in
Annex 1. The total duration of this assignment is estimated to be up to 7 months.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 4

Bidders shall respond to the strategic requirements of GCA with a strong emphasis on
responsiveness to GCA technical requirements and performance, substantive progress
reports, achievement of tasks and activities to match the Scope of Services/Terms of
Reference and the production of the deliverables on time, to highest applicable standards.

2. Preparation of Proposals and general information

2.1 Proposals and all supporting documents must be uploaded to the link: RFP 01-25 - CRBD
in PDF format, no later than 28 March 2025, 16:00:00 hours (04:00:00 p.m. o’clock), Central
European Time (CET).

2.2 Proposals received after the closing date and time will be rejected. GCA will confirm receipt
of Proposals within 24 hours from the closing date and time. Bidders that do not receive this
confirmation must contact GCA within 48 hours from the closing date and time. After 48 hours
from the closing date and time, GCA shall not respond to any queries related to whether a
bidder’s Proposal was received.

2.3 The point of contact for all questions or requests for additional information is
[email protected]. The email subject heading should be clearly marked with the following
information: “Clarification Request - GCA-PR-24-579 RFP 01-25 – CRBD”. All contact with
personnel employed by the Global Center on Adaptation with respect to this RFP is prohibited,
except for messages to the above email address. Improper contact may constitute grounds
for rejection of your proposal. All inquiries regarding this RFP must be submitted in writing.
The Global Center on Adaptation will share the answers to all questions of a reasonable nature
with all bidders included in this Framework Agreement. The closing date for clarifications
concerning this RFP is 20 March 2025, 16:00:00 hours (04:00:00 p.m. o’clock), Central
European Time (CET).

2.4 RFP Indicative Schedule

The timetable for the procurement process presented below is indicative and, while GCA does
not intend to depart from the timetable, it reserves the right to do so at any time respecting the
GCA/EU/Donor Procurement Regulations.

Activity Estimated date

Deadline for sending a request for clarifications to GCA 20 March 2025
Deadline for submission of proposals 28 March 2025
Notification of the award and the evaluation results sent to bidders 7 April 2025

2.5 Supplier Code of Conduct

GCA subscribes to the UN Supplier Code of Conduct | UN Procurement Division. By
participating in this RFP, bidders agree to comply with this code.

3. Submission and Opening of Proposals

3.1 The Proposal must be uploaded to the link in Section 2.1 in Two separate documents
labelled/named “RFP- GCA-PR-24-579 RFP 01-25-TECHNICAL Proposal” and “RFP- GCA-PR-
24-579 RFP 01-25-FINANCIAL Proposal. When uploading the Proposal, the first and last name
must be the name of the organization submitting the Proposal as shown in the screenshot
below.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 5

3.1 Please adhere to the following instructions, unless otherwise provided in the relevant Bid
Documents. The Submission must be drafted in English and contain:
• A Technical Proposal: Shall contain the “Technical Proposal” and supporting
documentation, with clear and concise description of your proposed actions to execute
the Scope of Work/Terms of Reference and Deliverables (Annex 1). The Technical
Proposal should not exceed 15 pages (excluding supporting documentation, CVs, and
company profile) and 25MB in size for successful delivery. The GCA will not be held
responsible for non-delivery of proposals exceeding 25MB.
• A Financial Proposal: Shall contain the “Financial Proposal Form” (Annex 2). The Financial
Proposal should not exceed 25MB in size for successful delivery. The GCA will not be
held responsible for non-delivery of proposals exceeding 25MB.
• All the supporting documentation in relation to the evaluation criteria.
• Proposals must be uploaded in two separate documents. One containing the Technical
Proposal and the other containing the Financial Proposal.
• Any and all financial information must ONLY be included in the Financial Proposal. No
Financial proposals, quotes or any other related financial information should appear in the
Technical Proposal.
• Proposals submitted by e-mail, which do not comply with these requirements, e.g.,
combining the financial and technical proposals in one submission or submitted in any
way, other than outlined above, will be rejected.

Late submissions will be excluded. Non-compliance with the above requirements regarding
the presentation of the RFP may lead to the exclusion from the RFP process for this work
order.

3.2 Validity of Proposals

The proposals submitted in response to this RFP must be valid for the period of 90 days from
the deadline for submission.

4. Subcontracting
The bidder shall state all Subcontractor(s) and type of Work proposed to be used for this
project. The bidder shall state only one (1) Subcontractor for each type of work.

All proposed subcontractors may be rejected or approved by the GCA Project Manager.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 6

Bidders to list, using the template table provided below, the subcontractors proposed for use
on this project.

Table 1: Template table to provide list of subcontractors.

Line Name of Type of Work Contact Name Contact Contact
Item Subcontractor to be for the telephone Email
performed Subcontractor with area Address
code

In case of a joint proposal, all the partners (except the lead partner) shall submit a Power of
Attorney, signed by an authorized representative of each partner, designating the lead partner
to represent them and to sign the work order on their behalf in relation to this procurement. In
case such Power of Attorney has already been submitted by the lead partner in the proposal
to qualify for this Framework Agreement, the Power of Attorney does not need to be re-
submitted.

5. Evaluation of Proposals and Bidders

The assessment of proposals will be done based on the Award Criteria (Section 5.2).

If the Service Provider’s proposal is including subcontracting to another company, it should

specify the following information for any organization that has not been evaluated under the
selection process the Framework Agreement process (GCA-PR-24-579): 1) Verification that
the company is not in one of the situations covered by the exclusion criteria. 2) Assessment
of the proposals on the basis of the Award Criterion.

5.1 Exclusion Criteria

As a precondition for the assessment of the proposal, Service Providers must comply with the
requirements set out in this RFP. Non-compliance with these requirements is grounds for
rejection, independent of the Technical Award Criteria, and such proposals will not be
evaluated. Service Providers will be informed of the reason for rejection but will not receive
feedback on the content of their proposal beyond the non-compliant elements.

Service Providers are not required to resubmit the Declaration of Honor (DoH) if they have
already provided it in their original submission under the Framework Agreement RFP, unless:
• There are changes to the information provided in the previously submitted DoH.
• The Service Provider is submitting a joint proposal or engaging in a new joint venture for
this procurement.

In the case of a joint proposal, a separate DoH must be submitted for each partner. Service
Providers must also immediately inform GCA of any changes to their status under EU Directive
2014/24. Failure to comply may result in exclusion from this procurement process.

5.2 Selection Criteria

Demonstration of physical presence in Tanzania. This can include having partnerships with
local organizations, employees based in these countries, or local consultancies. Bidders must
provide evidence demonstrating their physical presence in Tanzania, which may include:
• Certificate of business registration in Tanzania.
• Proof of partnerships or agreements with local organizations.
• Employment contracts or payroll records for staff based in Tanzania.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 7

5.3 Award Criteria
The Work Order shall be awarded to the Bidder who has submitted the most technically and
economically advantageous proposal based on the best price-quality ratio. This will be
calculated as 80% for the Technical Criteria (TC) and 20% for the Financial Proposal (FP) as
detailed in Table 1. The score for the Financial Proposal will be determined in accordance with
Section 7.3. GCA will notify all Bidders about the outcome at the end of the evaluation process.
It is important to note that the minimum score (threshold) for each Technical Award Criterion
is 70%. Bids scoring less than the threshold for any Technical Award Criterion Section (TC.1,
TC.2, TC.3, etc.) will be considered of insufficient quality and rejected.

Table 2: Award Criterion, maximum scores and thresholds score per technical criterion

Minimum
Maximum
Award Criterion Score/
Score
Threshold
TC.1 Organization and Experience 20 14.0
TC1.1 Clear and Concise presentation of the Service Provider’s
organization to carry out the assignment as a whole and for main tasks.
10 7.0
This includes the proposed organization regarding local presence/
support.
TC.1.2 Experiences on similar assignments, including Eastern Africa,
Climate Risk Assessment, Climate Risk Stress Test, Action Plan and
Strategies development for financial institutions, focusing on
Adaptation Investments.

Proposals must demonstrate expertise in climate risk assessment and

climate adaptation finance, including financial risk modelling and
10 7.0
integration into financial decision-making.

The evaluation will consider the quality, relevance, and impact of

previous risk assessment work, including CRST and the ability to
develop and implement robust methodologies and provide actionable
insights for risk management, regulatory compliance, and adaptation
investment opportunity identification.
TC.2 Technical knowledge and methodology
The relevance and clarity of the proposed activities to conduct the 30 21.0
assignment:
TC.2.1 Climate risk identification and categorization: Clear
methodology for data collection and potential risk identification and
categorization. A clear approach to overlay with climate hazards to
identify exposure across categories of investments and subsets within
10 7.0
the portfolio. Define bank’s assets and associated vulnerabilities.
Proposed categorization of CRDB’s portfolio of investments that may
be impacted by physical acute or chronic risks, and transition risks,
driven by climate change.
TC.2.2 CRST implementation: A clear approach for developing climate
shock scenarios with a demonstrated understanding of how to tailor
global frameworks (e.g., NGFS, IPCC) to the local context of CRDB’s
business geographies. Concise and appropriate strategy for modelling
10 7.0
the propagation of climate shocks into financial consequences with
plans to analyze these impacts across various levels. Clear and
practical solutions to handle incomplete data and develop robust
proxies.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 8

 TC.2.3 Action Plan and Strategies: The proposal adequately
describes how the findings of climate risk assessment are
translated into the recommendations. Demonstrated
understanding of and sound approach to align with the Bank of
Tanzania’s regulation and internationally recognized
10 7.0
frameworks on climate risk management. Clear approach on
how to coordinate with CRDB, including mobilizing local
expertise when needed, to agree on the prioritized
recommendations to enhance CRDB resilience and scale
adaptation investments.
TC.3. Stakeholder Engagement 5 3.5
TC.3.1 Consultation Strategy: Strategies for engaging key
stakeholders to ensure comprehensive data collection and
5 3.5
relevant input for the desired outputs, incorporating local
expertise into the engagement process.
TC.4. Team Composition, Quality Assurance, and Workplan 25 17.5
TC.4.1 Team coordination: Clear, coherent, and concise
explanation of how team members will be engaged throughout
the delivery of the required services, for each deliverable. The 5 3.5
responsible team member(s) per task should be identified in the
proposal.
TC.4.2 Team composition and relevant experience of experts:
The team should include the following key staff, who should
meet the minimum required qualifications and skills as stated in
10 7.0
Table 3 of the Annex 1: Team Leader, Climate Risk Specialist,
Financial Risk Specialist, Quantitative Modelling Specialist, and
Climate Adaptation Finance Specialist.
TC.4.3 Quality assurance: Clear quality assurance structure
within the team and coordination mechanism with other
5 3.5
stakeholders. Clearly identified potential risks to the project with
proposed applicable mitigation measures.
TC.4.4 The suitability of the proposed work plan and delivery
schedule in line with the expected period for execution of this
assignment. The proposal should include a clear description of
the workdays allocated to the activities required for each
5 3.5
component of work, the total workdays allocated for the
assignment, involved travel related expenses to enhance the
stakeholder engagement, clear milestones, and adequate effort
per task.
Total Technical Criteria Score 80 56
Total Financial Criteria Score 20 NA
Combined Technical and Financial Score 100 NA
Contract Award: Bidders that obtain the highest combined technical and financial score

The estimated budget range for this procurement is EUR 150,000 – 220,000. Proposals
should be realistic and cost-effective, ensuring alignment with the scope of work while
delivering value for money.

For the purposes of the evaluation of the Financial Proposal, the bidder offering the lowest
price shall receive the maximum total score of 20 points. The score of all other financial
proposals will be calculated using the following formula:

Financial score = (Lowest bid/Current bid) x Maximum points to be awarded

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 9

After careful scoring of each bidder’s proposal (technical and financial), GCA shall award the
Work Order to the bidder that obtains the highest combined technical and financial score. The
decision will be communicated by email to all bidders.

6. RFP Cancellation
GCA reserves the right to cancel this RFP process at any point. GCA shall not be liable for any
compensation with respect to interested bidders whose submissions have not been accepted,
nor shall it be so liable if it decides not to award the work order.
Cancellation may occur where:
1) The RFP procedure has been unsuccessful. For example, where no
technically/financially responsive proposal has been received or there has been no
response at all.
2) The economic or technical parameters of the project have been fundamentally altered.
3) Exceptional circumstances or force majeure render normal performance of the project
impossible.
4) All technically compliant proposals significantly exceed the financial resources
available.
5) There have been irregularities in the procedure where these have prevented fair
competition.
In the event of cancellation of RFP procurement proceedings, bidders will be notified by GCA.

7. Ownership of Proposals Submitted

Any document submitted in reply to this RFP will become the property of GCA and will be
regarded as confidential.

8. Liabilities for Errors

GCA, its employees and agents shall not be held liable or accountable for any error or omission
in any part of this RFP or response to bidders’ questions. While the GCA, and/or its employees
and agents have made conscious efforts to ensure an accurate representation of information
in this RFP, the information contained in the RFP is supplied solely as a guideline for bidders.
The information is not guaranteed or warranted to be accurate by GCA, and/or its employees
or agents, nor is it necessarily comprehensive or exhaustive.

Nothing in this RFP is intended to relieve bidders from the responsibility of conducting their
own investigations and research and forming their own opinions and conclusions with respect
to the matters addressed in this RFP. Bidders will be solely responsible to ensure that their
proposal meets all requirements of the RFP, to advise GCA immediately of any apparent
discrepancies or errors in the RFP, and to request clarification if in doubt concerning the
meaning or intent of anything in the RFP.

9. Content of the Proposal

9.1 Proposal Information
Submissions to this RFP must begin with the requested documents outlined in the Exclusion
Criteria (Section 5.1) and Selection Criteria (Section 5.2). These documents must be included
at the start of the proposal to ensure compliance with the eligibility requirements.

Service Providers must also ensure they have designated a point of contact within their
organization for all communications related to Requests for Proposals (RFP). GCA will only
communicate with the nominated contact and will not be responsible for reaching out through

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 10

alternative channels. It is the Service Provider’s responsibility to promptly notify GCA of any
changes to the designated contact.

9.2 Expected Content of the Technical Proposal

The assessment of the Technical Proposal will be based on the ability of the Service Providers
to meet the purpose of this assignment. To this end, the Technical Proposal shall consist of a
clear and comprehensive response to the Scope of Services and Deliverables (Annex 1), to
allow for the evaluation of the Service Providers submission according to the Award Criteria
detailed in Section 5.3.

The Technical Proposal should include a written statement declaring that the Service Provider
can provide the consultancy services tendered for and address all the requirements outlined
in the Scope of Services and Deliverables (Annex 1).

The Technical Proposal shall not exceed 15 pages (excluding the annexes listed below) and
should include at least all the following information for the submitted proposal to be evaluated
fully. These are Mandatory Technical Proposal Requirements (MTPRs):
i. Proposed Organization and Specific Experiences of the Service Provider;
ii. Methodology to ensure the scope of the assignment is fulfilled, including:
• Description of the technical content of the activities to be undertaken to execute the
Scope of Services and Deliverables (Annex 1);
• Description of the suitability of the approach, and how it offers a relevant
understanding of the goals and expected outcomes of each component;
• Detailed methodological plans for the project’s three components as described in
Section 3. Any information related to the scope of work included as an annex will
not be considered for review. Some recommended considerations for the proposals
are provided in Table 3.
iii. Work plan meeting the timeline and objectives of the mission, including:
• Schedule for the work, including all tasks to fulfil the components of work and
produce the deliverables;
• Descriptions of key activities to produce deliverables, achieve tasks and implement
the proposed methodology for each component of work;
• Expected effort per task, with working days and team members allotted for each
activity.
iv. Team capacity, resource allocation, and project management, including:
• Short description of previous work experience of the team members relevant for the
current assignment (see technical criteria, Table 2);
• Project team organization with dedicated team members per role;
• Approach to ensuring high-quality technical and non-technical outputs, including
peer reviews, stakeholder feedback sessions, and alignment with international
standards;
• Potential risks to the project (e.g., data limitations, timeline constraints) and
describe strategies to mitigate these risks.
v. Annexes:
• CVs of team members;
• Compliance statement, confirming that the Service Provider can fulfil the
consultancy services tendered for and address all the requirements outlined in the
Scope of Services and Deliverables;
• Statement confirming the period of validity of its proposal after the submission date;
• List of subcontractors if any.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 11

Table 3: Recommended content to be included in the Technical proposal.
Climate risk Propose approach and methodology to conduct the assessment,
identification and including demonstrated experience and knowledge of a similar
categorization assignment
CRST Describe how models will map climate risks to financial impacts,
implementation including assumptions, feedback loops, and solutions for missing
data using proxies
Include a planned process for validating scenario models to ensure
alignment with the bank’s goals and regulatory requirements
Climate risk Propose an outline of the climate risk assessment report as per the
assessment report Bank of Tanzania guidelines and internationally recognised
reporting frameworks (TCFD, PCAF, SASB, and GRI)
Action plan and Propose an outline of the action plan and strategies to reduce the
Strategies vulnerabilities of a bank’s portfolio to climate risks and the
Development approach to develop the recommendations from the findings of
CRST
Climate Adaptation Demonstrate an understanding of the regional and national climate
Investments adaptation finance
Engagement and Detail strategies for engaging CRDB’s stakeholders, ensuring their
Communication input is integrated into data collection, scenario design, and action
plan and strategy development.
Provide a structured plan for reporting progress, sharing interim
findings, and gathering iterative feedback from CRDB and other
stakeholders.

9.3 Content of the Financial Proposal

The estimated budget range for this procurement is EUR 150,000 – 220,000. Proposals should
be realistic and cost-effective, ensuring alignment with the scope of work while delivering value
for money.

Bidders must submit a detailed financial proposal using the Financial Proposal Form (Annex
4), providing comprehensive cost estimates that reflect the resources required to successfully
deliver the activities and outputs outlined in the Terms of Reference.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 12

 10. Annexes

Annex 1: Terms of Reference

1. BACKGROUND INFORMATION
1.1. Global Center on Adaptation (GCA) and Africa Adaptation Acceleration
Program (AAAP)

The Global Center on Adaptation (GCA) partnered with the African Union and African
Development Bank to launch the Africa Adaptation Acceleration Program (AAAP), which has
climate-proofed nearly $15 billion in investments from International Financial Institutions (IFIs)
across 30 African countries, boosting climate resilience in food production, infrastructure,
urban development, and job creation.

Building on the engagement with the IFIs under the AAAP, GCA launched a new initiative at
Davos in January 2025 to strategically address the supply and demand of climate adaptation
finance to accelerate private sector engagement in climate adaptation across Africa. On the
supply side, the initiative aims to prepare financial systems to effectively channel, absorb, and
deploy funds from institutional and sovereign investors, ensuring climate-resilient economic
development. This will involve developing and testing new mechanisms to help African banks
understand and manage climate risks, with a focus on de-risking portfolios, identifying
adaptation market opportunities, and building capacity to scale investments. Through a
‘learning by doing’ approach, GCA will provide portfolio and transaction-level support to
strengthen banks' capabilities, enabling them to play a larger role in climate adaptation.

1.2. Collaboration with CRDB Bank Group Plc (CRDB Group)

CRDB Bank Group Plc (CRDB Group) is a leading financial institution in Tanzania and East
Africa. It provides a wide range of banking services and supports various economic sectors,
contributing to the development of the Tanzanian economy. CRDB is accredited with the Green
Climate Fund (GCF) and is at the forefront of championing projects that are compatible with
the country's programs. It is committed to financial inclusion, environmental responsibility, and
community growth.

GCA and CRDB have agreed to collaborate under the AAAP to drive scalable, climate-resilient
economic development, setting a precedent for other financial institutions in Africa. Under this
collaboration, GCA and CRDB Group will aim to direct $1 billion investment by 2030 to drive
scalable, climate-resilient economic development across Africa, setting a precedent for other
financial institutions in Africa.

The partnership aims to drive large-scale climate adaptation results through four strategic
actions: Portfolio De-risking, by stress testing CRDB’s portfolio, integrating climate risk
screening tools, and derisking key sectors like agriculture, infrastructure, and urban housing;
Capacity Building, by training CRDB’s investment officers and embedding GCA’s Masterclass
on Adaptation Finance within the CRDB Foundation to educate corporate and MSME clients;
Scaling Investment, by developing sustainable finance products, ESG-linked strategies, and
leveraging instruments like Green Bonds to mobilize adaptation finance; and Climate
Adaptation Pipeline Development, by building a strong business case for adaptation
investments through the AAAP Adaptation Business Alliance.

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At CRDB’s request, GCA will support and enhance the bank’s climate risk management system
and capacity in compliance with the Bank of Tanzania’s regulations and internationally
recognized frameworks such as TCFD, PCAF, SASB, and GRI…. This collaboration will address
both challenges and opportunities associated with scaling adaptation investments and
integrating climate risk considerations into CRDB’s financial operations. The scope of this
work aligns with CRDB’s broader efforts to strengthen its Sustainable Finance Unit, Credit
Department, Procurement, PMO, Risk and Compliance, ICT, and Finance (CFOs) through
targeted stress testing and climate risk management trainings. Key deliverables include the
development of a stress testing framework and integration of Scope 3 emissions and
materiality assessment into the bank’s portfolio assessment. The work will also involve
scenario design and calibration, data collection and validation, model development, impact
assessment tools, risk appetite alignment, transparent reporting mechanisms, mitigation
strategies, regulatory compliance measures, post-stress testing reviews, visualization tools,
capacity-building programs. A critical part of the process is the Action Plan and Strategies
Development, which will provide methodologies and data framework for assessing Scope 1
and Scope 2 emissions and set up continuous monitoring systems. These activities will ensure
that CRDB can effectively navigate climate risks and seize opportunities for climate-resilient
finance.

A comprehensive Climate Risk Stress Test (CRST) framework will be developed based on the
findings from a climate risk assessment and stress testing to identify the vulnerabilities of the
bank’s current portfolio and any potential opportunities. An action plan and strategies with
practical steps will be developed to mitigate the identified risks and improve the resilience of
CRDB’s portfolio.

1.3. Bank of Tanzania Climate Risk Guidelines and IMF’s Resilience and
Sustainability Facility (RSF)

This collaboration is aligned with the implementation of guidelines issued by the Bank of
Tanzania (BoT) in January 2025. These guidelines state that “Banks and financial institution
shall identify, measure, monitor and manage all climate-related financial risks that could
materially impair its financial condition, including capital and liquidity positions.” Ensuring
compliance with these regulations is crucial for the resilience and sustainability of Tanzania’s
financial sector.

Additionally, the International Monetary Fund (IMF) board approved the Resilience and
Sustainability Facility (RSF) to provide affordable long-term financing to countries undertaking
reforms that reduce risks to balance of payments stability, including those related to climate
change and pandemic preparedness. Under the RSF framework, GCA, in coordination with the
Government of Tanzania, has developed the Tanzania Vulnerability Maps and Dissemination
Platform. This platform compiles existing climate data in Tanzania to inform sectoral climate
risk analysis at the planning stage. It also enables Tanzanian government agencies to access
and utilize data in a standardized, interactive format via a spatial web interface.

1.4. Framework Agreement

To facilitate the targeted technical assistance, GCA has signed Framework Agreements with
selected Service Providers to deliver three types of services to support financial institutions to
understand and capitalize on climate risks and opportunities. The three general services
provided are:

1. Portfolio De-risking

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 14

 2. Capacity Building
3. Climate Adaptation Investment Pipeline Development

GCA is seeking a qualified firm or organization (hereinafter referred to as the "Service Provider”
or “Bidder") under the existing framework agreement to carry out the assignment in alignment
with the scope of services outlined in the subsequent sections.

2. OBJECTIVE OF THE ASSIGNMENT

The overarching objectives of this assignment are to identify and quantify channels through
which climate change will impact CRDB’s clients in key sectors, including but not limited to
agriculture and infrastructure. Outputs will be used to provide technical market and investment
insight that enables CRDB to advise its clients and deploy capital into climate adaptation. In
addition, this assignment will help inform and shape CRDB’s climate risk stress testing
framework in compliance with BOT guidelines.

3. SCOPE OF SERVICE AND ACTIVITIES TO BE PERFORMED

Within this context, GCA seeks a Service Provider to support CRDB in assessing climate risks
and stress testing to evaluate the potential impact of climate shocks and stressors under
future climatic conditions. This includes:
i. Component 1: Climate-risk Identification and Categorization. The component
involves mapping CRDB’s portfolio by sector, geography, and CRDB business lines,
identifying vulnerabilities to climate hazards, and analyzing physical and transition
risks. The assignment aims to overlay climate hazard data that have been compiled by
GCA for the Government of Tanzania in developing and disseminating Climate hazards
and vulnerability maps across sectors under the RSF. Additionally, the component
incorporates Scope 3 emissions into the identification of climate-related risks linked to
the bank’s financing activities and assesses their material impact on the bank’s
financial stability and risk exposure.
ii. Component 2: Climate Risk Stress Test (CRST) implementation. The component
builds on the granular climate risks analysis undertaken across the portfolio in
component 1, to stress test the portfolio against climate risks, quantify the resulting
financial risk for the portfolio, and support CRDB to identify vulnerabilities and enhance
the resilience of its portfolio. The activity supports CRDB’s effort to integrate the CRST
into institutional risk management in compliance with the Bank of Tanzania’s
guidelines on stress testing1 and climate risk management2.
iii. Component 3: Climate Action plan and strategies development. Based on the findings
from components 1 and 2, this component highlights the material risks to assets
across the portfolio and resulting potential impacts on CRDB financial stability and
micro- and macro-economic indicators, under the different scenarios analyzed, at
different time horizons. The component identifies an action plan with strategies to
reduce the CRDB’s exposure to the identified risks, including a methodology and data
framework for Scope 1 and Scope 2 assessments. The action plan provides
recommendations with practical steps while supports it in identifying and navigating
opportunities, focusing on de-risking adaptation and resilience investments. The action
plan will align with Bank of Tanzania’s regulations and the internationally recognized
frameworks.

1“Stress Testing Guidelines for Banks and Financial Institutions, 2022”, Bank of Tanzania, April 2022, link
2“Guidelines On Climate-Related Financial Risks Management and Disclosure, 2025”, Bank of Tanzania, January
2025, link

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 15

The Service Provider will work closely with GCA in implementing the activities. The Service
Provider must be equipped with in-depth knowledge of the climate-risk identification process,
both qualitative and quantitative, and the CRST methodological landscape. The Service
Provider shall bring national and international expertise on climate risk and portfolio
assessment, climate adaptation finance and up-to-date adaptation technologies.

Most importantly, the Service Provider must prioritize practicality and adaptability to specific
needs, ensuring that the outputs are actionable and directly translatable into informed
investment and risk management decisions, and relevant in the context of the newly adopted
Climate Risk Management Process developed by the Bank of Tanzania in January 2025.

The detailed activities per component are presented below, with expected deliverables per
component. A summary of the deliverables is included in Table 1 in the next section and the
expected timeline for completion is in Table 2.

3.1. Component 1: Climate-risk identification and categorization

The Service Provider shall conduct a detailed assessment of the bank’s assets (loans, bonds,
and equity) exposure and potential vulnerability to climate risk at asset subsets level across
the portfolio.
D1.1. Layout and map CRDB’s portfolio, categorized by sectors, lending operations,
geography, CRDB business lines, and potential vulnerability to climate hazards. The portfolio
subsets need to be geographically localized and defined at a granular enough level that will
allow analysis for each subset, climate risks transmission channels, exposure, and
vulnerability level.
This activity will start with a detailed analysis of CRDB's current portfolio of investments that
may be impacted by physical acute or chronic risks, and transition risks, driven by climate
change. The analysis will be informed and validated through several (2 to 3) in-depth
coordination meetings with the GCA and CRDB at the start of the assignment.

The detailed analysis of CRDB's current portfolio will include the identification of existing good
practices and potential data gaps for CRDB to comply with the Bank of Tanzania’s guidelines
on stress testing (2022) and climate risk management (2025), especially Part IV: Risk
Management Process, sections 12 to 14 related to Risk Management Process, Risk
identification, Risk measurement and monitoring.
D1.2. Overlay with climate hazards to identify exposure across categories of investments
and subsets within the portfolio. Climate hazard data will be provided as GIS files (compatible
use in license-free software such as QGIS) by the GCA, across indicators, time horizons and
climate change scenarios. These climate hazards data have been compiled by the GCA for
Tanzania as a support to the Government of Tanzania in developing and disseminating Climate
hazards and vulnerability maps across sectors including for the Bank of Tanzania.
The list of input for climate hazard data is provided in Annex 1. The overlay will allow for the
generation of relevant maps and support detailed exposure analysis per type of climate
hazards and a subset of CRDB’s portfolio.
D1.3. Identify and develop a set of indicators relevant to assess and monitor climate-
change-driven physical and transition risks across CRDB's current portfolio.
The analysis will look at:
- Physical risks to the portfolio per categories of investments, at different time horizons
and under different climate change scenarios (SSPs) using all the Climate Hazards
Data provided.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 16

 - Transition risks to the portfolio per subset may be driven for example by changes in
climate-related policies and regulations, technology development, or consumer
preferences. Transition risks will be identified under the same climate change
scenarios as for the physical risks identification, and with relevant pathways
assumptions for possible changes in policies, and trends in demands and pricing. The
Service Provider will propose and develop a set of pathways susceptible to driving
transition risks as well as climate-related financial opportunities, in coordination with
the GCA and CRDB and building on existing literature.

D1.4. Integrate Scope 3 emissions into the portfolio risk identification process. This activity
quantifies emissions linked to the bank’s financing activities, including loans, investments, and
underwriting in carbon-intensive sectors such as energy, transport, and industry.
The analysis should conduct materiality assessment by identifying which sectors in the bank’s
portfolio have the highest Scope 3 emissions. The financial and reputational risks associated
with high-emission sectors should be identified, especially in light of increasing carbon pricing
or climate regulations.

For each subset of the portfolio categorized through component 1, the analysis will outline the
risk transmission channels to pinpoint the most material risks driven by climate change. The
analysis will qualitatively detail how acute and chronic climatic conditions, across hazards,
may impact the portfolio subset, and provide a set of relevant risk indicators for the
categorization and mapping of material risks across the portfolio (activity D1.5).

D1.5. Categorize, map and quantify climate risks per categories of assets across the
portfolio, with a consolidated overview by sectors, lending operations, geography, and CRDB
business lines. The analysis needs to be granular enough to quantify material climate change-
driven physical and transition risks to each subset of the portfolio as defined in activity D.1.1,
providing the foundation for the climate risks stress test implementation (component 2). The
assessment should include how Scope 3 emissions may contribute to these risks, especially
in high-emission sectors or industries.

Deliverables:
- Mapping of CRDB’s portfolio and climate risks per sector and subset of investments,
delivered as a structured and documented set of GIS files (compatible for use with
QGIS or equivalent)
- Climate-risk identification and categorization report including (1) executive summary
of results from activities D1.1 to D1.5, (2) detailed report on objectives, methodology
including the development of a set of granular indicators for measuring material
climate-related financial risks across the portfolio, including Scope 3 emissions, and
results from activities D1.1 to D1.5.
3.2. Component 2: Climate Risk Stress Test (CRST) implementation

This component builds on the granular climate risks analysis undertaken across the portfolio
in component 1, to stress test the portfolio against climate risks, quantify the resulting
financial risk for the portfolio, and support CRDB to identify vulnerabilities and enhance the
resilience of its portfolio.

The Service Provider shall review CRST national standards set by banking supervisory (i.e.
Bank of Tanzania) and regional and international standards. The Service Provider will
recommend the appropriate CRST methodology and process in alignment with the regulatory
standards based on the data availability, results from component 1, CRDB’s strategic needs,
governance structure, and risk management processes.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 17

The Service Provider will conduct the CRST, including, but not limited to the following tasks:

D2.1. Analyze climate risk stress-testing standards provided by relevant banking

supervision authorities (e.g., NGFS, Basel, Bank of Tanzania, especially the Stress Testing
Guidelines and Climate Risk Management Process issued by the Bank of Tanzania). Provide
insights into the current implementation status of banks in Tanzania and the Eastern African
regions.
D2.2. Conduct a CRST that models how climate shocks impact CRDB’s financial stability.
The proposed CRST methodology and processes should align with the data availability and
existing CRDB’s risk management system. The minimum required activities are as follows:
a. Building on results from Component 1, analyze and describe, at the portfolio level, how
financial assets (loans, bonds, and equity) and risk channels (direct and indirect
transmission pathways), impact the portfolio's financial stability, allowing for stress-
testing the portfolio against climate shocks and stressors.
b. Design, modify, or apply climate shock scenarios (covering extreme physical events
and transition risk scenarios) that accurately reflect physical and transition risk shocks
as well as their interdependencies in the short-, medium-, and long-term. Design
relevant, comprehensive, and actionable scenarios for CRDB given the bank’s existing
system and national and regional (Eastern African) context. The scenario analysis
needs to comply with the minimum requirements set by the Bank of Tanzania in the
Climate Risk Management Process released in January 2025, especially Part V –
Scenario analysis and stress testing.
c. Develop and run a quantitative model that captures how climate shock variables
propagate through macroeconomic, financial sector, households and firm-specific
levels, ensuring that relevant feedback loops are incorporated. This involves
structuring the relationships between climate risks and financial impacts, from
systemic effects to sector- and asset-level vulnerabilities. Consider risk mitigation
measures (e.g., insurance coverage, disaster relief) to avoid overstating consequential
financial vulnerabilities.
d. Prepare a CRST results report identifying sources of climate risk in various value chains
and sub-sectors in CRDB’s portfolio for CRDB management and relevant staff. Outlining
the general methodology for integrating climate-related risks into the stress testing
framework, identifying vulnerable asset classes, recommendations of actionable
scenarios for CRDB, and developing quantitative models. Data availability and gap
analysis.
Deliverables:
- Climate Risk Stress Test report including (1) executive summary of results from
activities D2.1 to D2.2, (2) detailed report on objectives, standards benchmark, CRST
methodology and results from activities D2.1 to D2.2.

3.3. Component 3: Climate Action plan and strategic options development

Under this component, the Service Provider shall prepare a comprehensive climate risk
assessment report based on the findings from components 1 and 2, highlighting the material
risks to assets across the portfolio and resulting potential impacts on CRDB financial stability
and micro- and macro-economic indicators, under the different scenarios analyzed, at different
time horizon.

Given the risk assessment’s findings, the Service Provider works with GCA and CRDB to
develop an Action Plan with strategies to reduce the identified risks across its portfolio and
supports CRDB to identify investment opportunities. The Action Plan should propose

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 18

opportunities and challenges in implementing the recommendations, focusing on de-risking
adaptation and resilience investments. The action plan should align with Bank of Tanzania’s
regulations and internationally recognized frameworks (Task Force on Climate-related
Financial Disclosures (TCFD), the Partnership for Carbon Accounting Financials (PCAF), the
Sustainability Accounting Standards Board (SASB), and the Global Reporting Initiative (GRI)).

Based on the findings from the climate risk assessment report, tasks may need to be refined;
however, the main tasks are as follows:

D3.1. Prepare and deliver a climate risk assessment report on CRDB’s portfolio based on
the overall assessment and CRST results. The Service Provider shall categorize the identified
risks based on their likelihood, severity, and financial impact and map the sectors or
geographies where the investments may be most vulnerable to climate risks, including both
direct and indirect financial impacts. Evaluating the potential impact of climate shocks on the
bank’s financial viability. The report will build on the deliverables from Components 1 and 2,
from the perspective of developing a specific action plan and improving the climate risk
identification and management processes within CRDB, as per the Bank of Tanzania guidelines
and internationally recognised reporting frameworks.

D3.2. Develop an Action Plan and Strategies to enhance the resilience of CRDB’s portfolio
to climate risks. The action plan should align with the applicable regulations and
internationally recognized standards as well as consider CRDB’s governance structure and
business model. The Service Provider shall agree with CRDB on:
i. Prioritized strategies and actions to address the identified climate-related risks and
opportunities in terms of short-, medium- and long-term time horizons.
ii. Methodology and data framework for assessing Scope 1 and Scope 2 emissions within
CRDB's operations.
iii. Recommendations and required internal system modification to integrate a
comprehensive CRST framework.
iv. Financial and operational measures to incorporate climate risk into the institution’s
core financial operations and long-term planning processes, and how CRDB should
respond to climate-related risks and opportunities in its strategy and decision-making
process.
v. Proposed investment strategies, including the adoption of adaptation measures, to
improve the resilience of CRDB’s portfolio to current and anticipated effects of climate-
related risks and opportunities.
The development of the action plan will build on the technical analysis deployed during the
assignment. Additionally,1 to 2 additional workshops with CRDB and the GCA to validate the
findings and key options that could be considered.

Deliverables:
- Climate Action Plan and strategic options development report including (1) executive
summary of results from activities D3.1 to D3.2, (2) detailed report on results and
proposed options from activities D3.1 to D3.2.

4. EXPECTED DELIVERABLES AND WORK ARRANGEMENT

Table 1 and Table 2 below presents an overview of deliverables and indicative timeline. Details
of the required deliverables are presented in the above Section 3 for each component.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 19

 4.1. EXPECTED DELIVERABLES AND INDICATIVE TIMELINE
Each deliverable should be presented with a high-level executive summary highlighting the key
findings and/or results. During implementation, the Service Provider shall update the work plan
with a timely assessment of any potential implementation challenges and proposed solutions.

GCA will provide comments to all Deliverables that must be incorporated into the final
versions. All deliverables (reports, slide decks) should follow GCA Branding Guidelines and
templates which will be shared with the awarded Service Provider.

All deliverables should be provided in English to facilitate effective communication and

understanding with local stakeholders. For presentations to stakeholders, the Service Provider
must provide resources that are fluent in English.

Table 3: Overview of expected deliverables.

1 - Climate-risk identification and categorization
D1.1. Mapping of CRDB’s portfolio and climate risks per sector and subset of investments (GIS files
compatible for use with QGIS or equivalent).
D1.2. Climate-risk identification and categorization report (word).

Supporting deliverables:
• Updated work plan and timeline, identifying challenges and potential issues affecting the assignment
with proposed solutions (word)
• Overview of CRDB portfolio (slide decks)
• Report on objectives, methodology including the development of a set of granular indicators for
measuring material climate-related financial risks across the portfolio (word)
• Report on Scope 3 emissions and their material impact on the bank’s financial stability and risk
exposure (word)
2 - Climate Risk Stress Test (CRST) implementation
D2.1. Climate Risk Stress Test report including (1) executive summary of results from activities D2.1 to D2.2,
(2) detailed report on objectives, standards benchmark, CRST methodology and results from activities D2.1 to
D2.2 (word).
Supporting deliverables:
• Results from D2.1.Analyse climate risk stress-testing standards (word)
• Mid-term intermediate submission of the progress and results from activities D2.2-a-b-c (word)
• Stakeholders’ workshops/dialogues on CRST results, with slide decks in English and local language, if
required for presentations to stakeholder
3 – Climate Action plan and strategic options development
D3.1. Climate Action Plan and strategic options development report including (1) executive summary of results
from activities D3.1 to D3.2, (2) detailed report on results and proposed options from activities D2.1 to D2.2
(word).
Supporting deliverables:
• Climate risk assessment report on CRDB’s portfolio based on the overall assessment and CRST results
(word and slide decks in English and local language, if required for presentations to stakeholder)
• Methodology and data framework for assessing Scope 1 and Scope 2 emissions within CRDB's
operations (word)

An indicative timeline of the deliverables is presented below:

Table 2 – Indicative Timeline for the delivery of the work

Month from start 0 1 2 3 5 6 7
1 - Climate-risk identification and categorization
D1.1. Mapping of CRDB’s portfolio and climate risks per sector X
and subset of investments
D1.2. Climate-risk identification and categorization report X
Supporting deliverables: X

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 20

 Month from start 0 1 2 3 5 6 7
• Updated work plan and timeline, identifying challenges
and potential issues affecting the assignment with
proposed solutions.
• Overview of CRDB portfolio (slide decks) X
• Report on objectives, methodology including the X
development of a set of granular indicators for
measuring material climate-related financial risks across
the portfolio (word)
• Report on Scope 3 emissions and their material impact X
on the bank’s financial stability and risk exposure (word)
2 - Climate Risk Stress Test (CRST) implementation
D2.1. Climate Risk Stress Test report X
Supporting deliverables: X

• Results from analyzing climate risk stress-testing

standards
• Mid-term intermediate submission of the progress and X
results from activities D2.2-a-b-c
• Stakeholders’ workshops/dialogues on CRST results, X
with slide decks
3 – Climate Action Plan and strategic options development
report
D3.1. Climate Action Plan and Strategic Options Development X
Report
Supporting deliverables: X
• Climate risk assessment report on CRDB’s portfolio
based on the overall assessment and CRST results
(word and slide decks in English and local language, if
required for presentations to stakeholders.
X
• Methodology and data framework for assessing Scope 1
and Scope 2 emissions within CRDB's operations.

Service Providers are expected to include a more detailed breakdown of the timeline in weeks
or days in their proposed work plan, as appropriate. Note that this is a tentative categorization
that may be refined as the work progresses. The final deliverables will be agreed upon by the
Service Provider, GCA and CRDB.

4.2. Location and Period of Execution

The main tasks of the assignment are to be carried out from the office. However, the Service
Provider must include in his tender any travel that may be deemed necessary for the
successful completion of the assignment, for discussions and presentations to stakeholders
or to facilitate data collection. The selected Service Provider is thus expected to travel to the
stakeholder locations for a minimum of three in-person consultation meetings.

The period of execution will be 7 months from the date of contract signing.

5. QUALIFICATIONS
The Service Provider core team must comprise the members in Table 3. To be eligible, Bidders
must explicitly demonstrate how their team meets each of the required skill sets outlined in
the table below. Please note that the selected Service Provider is expected to adapt its core
team as the project progresses to ensure successful completion of the project.

Bidders may, at their sole discretion, propose additional members to be included within the
team dedicated to the execution of the project, but shall not be under any obligation to do so.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 21

Should a bidder elect to propose additional team members, such a proposal must be detailed
within the financial proposal submitted.

Table 3: Minimum requirements for core team composition of Bidder(s)

Role Qualification Skill
Team leader Master’s degree in • Minimum 10 years of experience in climate
environmental sciences, finance, financial risk management, or banking.
finance, economics, or • Proven expertise in leading projects focused on
related fields. climate risk assessment.
Understanding of climate risk governance
frameworks (e.g., NGFS, IFRS S1 and S2).
• Experience working with financial institutions,
preferably in Africa.
• Preferred experience in climate finance
investments, including deployment of climate
adaptation solutions.
Climate Risk Master’s degree in • Minimum 7 years of experience in climate data
Specialist(s) environmental sciences, analysis and scenario development.
geography, or related • Ability to identify vulnerabilities in climate-
fields. sensitive sectors.
• Experience in designing climate scenarios
(physical and transition risks) tailored to African
financial systems.
• Experience in climate risk modelling and analysis.
• Background in integrating climate risks into
financial strategies and stress testing.
Financial Risk Master’s degree in • Minimum 7 years of experience in financial risk
Specialist(s) finance, economics, assessment.
mathematics, or a related • Proven track record in private climate finance
field. and sectoral value chain evaluations.
• Experience aligning financial risk models with
climate stress-testing scenarios.
• Knowledge of integrating risk propagation into
stress-testing systems.
Quantitative Master’s degree in data • Minimum 5 years of expertise in micro- and
Modelling science, statistics, macro-financial modelling, feedback loops, and
Expert econometrics, or related climate risk propagation.
fields. • Proven ability to work with limited or incomplete
datasets.
• Strong skills in developing proxies for missing
variables using alternative data sources or
assumptions.
• Experience integrating climate data into
financial stress-testing tools.
• Proficiency with advanced modelling tools and
platforms.
Climate Master’s degree in • Minimum 7 years of experience working on
Adaptation environmental economics, climate adaptation finance.
Finance development finance, or • Demonstrated understanding of East African
Expert(s) similar fields. climate adaptation investments.
• Proven experience in facilitating the deployment
of adaptation technologies and innovations.
• Experience working with multilateral
development banks, donors, or financial
institutions on climate finance.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 22

 6. TENTATIVE PAYMENT SCHEDULE
1. First payment: 20% of the Fee after GCA approval of Deliverable 1.1.
2. Second payment: 20% of the fee after GCA approval of completion of Deliverable 1.2.
3. Third Payment: 30% of the Fee after GCA approval of completion of Deliverables 2.1.
4. Final payment: The remaining 30% of completion of Deliverable 3.1.

All payments will only be made after GCA approval of the sufficiency of the final deliverables
and all related materials.

7. SERVICES AND FACILITIES TO BE PROVIDED

7.1. By GCA
Aside from the defined overview and review support discussed above, GCA will not provide
any additional services or facilities.

7.2. By the Service Provider

The selected Service Provider should be able the conduct work remotely, with the requisite
hardware and software. The Service Provider will also be required to collect or access
necessary data to conduct work. Any travel required will also be covered by the Service
Provider, budgeted into the financial proposal.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 23

Technical Annex I (to the TOR)

List of Climate Hazards analysis and risks level indicators

In coordination with the Government of Tanzania, GCA has compiled existing climate data in
Tanzania relevant to inform sectorial climate risks analysis at a planning stage. The following
data will be provided as inputs for the present assignment.

Climate indicators from the Climate Change Knowledge Portal are extracted for the 4 climate
change scenarios (and historical), for several time slices (2020-2039, 2040-2059, 2060-2079,
2080-2099). For most of the variables, we have a few different analyses including annual and
monthly climatologies, future anomalies, and trends. All data have already been processed to
clip the netCDFs to the Tanzania domain (with a 100km buffer).

Open source (links in granula

Category Data Format type
green cells) rity
0-environmental Landcover geoTiff (raster) ESA worldCover 2021 high

0-environmental Forest areas shapefile - polygons Google maps high

0-environmental Elevation data geoTiff (raster) SRTM data 30m high

0-environmental Terrain Slope geoTiff (raster) OpenTopography high

geoTiff (raster) or
0-environmental Crop areas IWMI irrigated area regional
shapefile - polygons
0-environmental River network shapefile - polyline Google maps high
0-socio and
Borders - admin areas shapefile - polygons Open street maps high
admin
geoTiff (raster) or
0-socio and
Population density census data in shapefile Worldpop high
admin
- polygons
regional
1-climate Climate Change
Relative humidity geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Consecutive dry days geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Consecutive wet days geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Days above 20mm geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Days above 50mm geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Maximum 1 day rainfall geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Maximum 5 consecutive days Climate Change
geoTiff (raster) (25km*
hazards rainfall Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Maximum monthly rainfall geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Precipitation geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Simplified daily intensity index geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
Standardised precipitation regional
1-climate Climate Change
evapotranspiration index 12 geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
months 25km)

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 24

 Open source (links in granula
Category Data Format type
green cells) rity
regional
1-climate Climate Change
Wet days geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Average maximum daily Climate Change
geoTiff (raster) (25km*
hazards temperature Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Average mean daily temperature geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Average minimum daily Climate Change
geoTiff (raster) (25km*
hazards temperature Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Cold spell duration index geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Frost days geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Highest maximum temperature geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Hot days above 30c geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Hot days above 35c geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Hot days above 40c geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Hot days above 45c geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Hot days above 50c geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Lowest minimum temperature geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Summer days above 25c geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Tropical nights above 20c geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Warm spell duration index geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Wet bult temperatures geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Maximum temperature monthly Climate Change
geoTiff (raster) (25km*
hazards peak Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Peak wind speeds geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Tropical cyclone frequency geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Koppen Geiger geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Sea level rise geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)
regional
1-climate Climate Change
Storm surge height geoTiff (raster) (25km*
hazards Knowledge Portal (CCKP)
25km)

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 25

 Open source (links in granula
Category Data Format type
green cells) rity
2-climate UNEP Global Risk
river flooding geoTiff (raster) high
exposure Assessment (GAR)
2-climate high
historical floods geoTiff (raster) Meteor expolorer
exposure (90m)
2-climate UNEP Global Risk
landslide susceptibility geoTiff (raster) high
exposure Assessment (GAR)
2-sectorial
telecom infrastructure Open street maps ?
exposure
2-sectorial
Rail shapefile - polyline Open street maps high
exposure
2-sectorial
Ports shapefile - point Open street maps high
exposure
2-sectorial
Airports shapefile - point Open street maps high
exposure
Critical infrastructure(police,
2-sectorial
hospitals, clinics, fire stations, shapefile - point Open street maps high
exposure
schools, etc)
2-sectorial
livestocks and fisheries FAO livestock density high
exposure
2-sectorial
Protected areas shapefile - polygons Protected Planet high
exposure
2-sectorial
Roads shapefile - polyline Open street maps high
exposure
2-sectorial
Dams shapefile - polygons Global Dam Watch high
exposure
2-sectorial Electricity transmission and
Worldbank data catalog high
exposure distribution networks
Disaters impacts (deaths, house
2-sectorial destroyed/damaged and directly UNDRR Desinventar
regional
exposure and indictectly affected) per type Sendai
of hazard
Projected climate impacts to
some of the sectors such as
4-sectorial risks
agriculture and transportation shapefile - polygons UNDRR Risks Profiles regional
level
systems. Note: using very old
climate models (AR4 models)

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 26

 Annex 2: Financial Proposal Form

The Financial Proposal must include two parts, otherwise it will be deemed as non-compliant:

Part 1 - The exact template provided below, including the points underneath (without any changes to the wording) and the signature of the
authorized representative.
Part 2 - A separate itemized cost breakdown of the firm fixed price covering the entire Terms of Reference (TOR).

The abovementioned two parts (Part 1 and Part 2) must be sent in one consolidated document.

Part 1:
Bidders are required to complete this Financial Proposal Form. No other forms are accepted by the GCA. Failure to submit the Financial Proposal
using this Financial Proposal Form is deemed to be non-compliant and the bidder’s Financial Proposal shall not be considered for further
evaluation.

[Bidder’s Name]
Description Unit of Measure Total Lump Sum Fee
Climate-Risk Assessment, Stress Testing, and Development of Action Lump Sum
Plans and Strategies for the Cooperative Rural Development Bank
(CRDB) in Tanzania
Total Firm Fixed Price (EUR)

Proposed Payment Schedule

Milestone Description Months from Contract Payment Schedule (% Payment Schedule (in
Signature Total Firm Fixed Price) Euros)

1 Completion of Component 1.1 – Deliverable D1.1 1 20% of Firm Fixed Price

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 27

2 Completion of Component 1.2 – Deliverable D1.2 2 20% of Firm Fixed Price

3 Completion of Component 2 – Deliverable D2.1 5 30% of Firm Fixed Price

4 Completion of Component 3 – Deliverable D3.1 7 30% of Firm Fixed Price

I confirm that the submitted Total Firm Fixed Price is:

1. Fixed and not subject to revision,
2. In Euros,
3. Independent of exchange rates,
4. Inclusive of all costs directly and indirectly related to the performance of the contract (e.g. taxes, management fees, travel costs, per diem
allowances/DSA, International flights, airport transportation, insurance, profit, training expenses, communication costs, social costs,
overheads, administrative costs, printing, rent, office expenses, shipment of personal effects, contract management costs, etc.), and
5. Exclusive of VAT.

Bidder’s Authorized Representative:

Position:

Date:

Signature (authorized representative):

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 28

Part 2:
Please submit a separate itemized cost breakdown of the firm fixed price in Part 1 above using the template below, including the details of key
personnel hourly rates and associated tasks, travel costs and all associated overheads and related cost items covering the entire of Reference
(TOR).

For joint proposals, where the lead partner indicates the costs/prices of other partners/subcontractors in the breakdown below, such
costs/prices shall be inclusive of all taxes. The lumpsum amount submitted by the lead partner in Part 1 above shall be exclusive of VAT.

Component Component Component Total man-

Categories Role in assignment Daily fee (EUR) Total (EUR)
1 2 3 days
Remuneration (add rows as required)
Name
Xxxx
Xxxx

Sub-Total
Reimbursables (add rows as required)

Sub-Total
Other Expenses (such as subcontractors and other expenses. Add rows as required)

Sub-Total
Total Excl. VAT (EUR)
Grand Total Incl. VAT (EUR)

Failure to submit a financial proposal or submission of an incomplete or ambiguous financial proposal may lead to rejection of the proposal
without further evaluation.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 29

Examples of reimbursable/other expenses that bidders may consider including in the financial
proposal.

S/N Reimbursable/Other Expenses

1. Taxes, social costs
2. Management fees
3. Travel/Transportation costs (flights, rental cars, taxis, etc.)
4. Airport transportation
5. Per diem allowances/DSA
6. Insurance (all types)
7. Training, certification expenses
8. Communication costs; phone calls, video conferencing, fax and mailing
9. Overheads
10. Administrative costs, office supplies and equipment, shipping and courier services
11. Utilities (electricity, water, internet, phone)
12. Printing, photocopying and stationery
13. Hotel/accommodation, rent
14. Shipment of personal effects
15. Contract management costs
16. Software licenses, software development, cloud services, Data Storage Costs
17. Conferences, workshops and seminars
18. Costs associated with data collection
19. Subscription fees for industry reports or databases
20. Organizing client meetings or events
21. Venue rental and catering expenses
22. Fees for subcontractors or specialists hired for specific tasks
23. Costs associated with third-party services
24. Legal fees related to the assignment
25. Translation services
26. Market research
27. License and Permit Fees
28. Health and Safety Compliance
29. Environmental Impact Studies, Survey and Geotechnical Reports
30. Government fees
31. Security clearance costs

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 30

Annex 3: Declaration of Honor

DECLARATION ON HONOR FOR ORGANIZATIONS

The undersigned [insert name]...................................................................., representing:

Full official name:

Official legal form:
Statutory registration number:
Full official address:
VAT registration number:
(‘the Organization’)

I – Situations of exclusion
1. declares that the above-mentioned Organization is in one of the YES NO
following situations:
it is bankrupt, subject to insolvency or winding-up procedures, its assets
are being administered by a liquidator or by a court, it is in an
arrangement with creditors, its business activities are suspended, or it
is in any analogous situation arising from a similar procedure;
it has been established by a final judgement or a final administrative
decision that the Organization is in breach of its obligations relating to
the payment of taxes or social security contributions in accordance with
the applicable law;
it has been established by a final judgement or a final administrative
decision that the Organization is guilty of grave professional
misconduct by having violated applicable laws or regulations or ethical
standards of the profession to which the Organization belongs, or by
having engaged in any wrongful conduct which has an impact on its
professional credibility where such conduct denotes wrongful intent or
gross negligence, including, in particular, any of the following:
(i) fraudulently or negligently misrepresenting information required for
the verification of the absence of grounds for exclusion or the
fulfilment of eligibility or selection criteria or in the performance of
a contract or an agreement;
(ii) entering into agreement with other parties with the aim of distorting
competition;
(iii) violating intellectual property rights;
(iv) attempting to influence the decision-making process of the
contracting authority during the award procedure;
(v) attempting to obtain confidential information that may confer upon
its undue advantages in the award procedure;
it has been established by a final judgement that the Organization is guilty
of any of the following:
(i) fraud, as defined in applicable laws and regulations;
(ii) corruption, as defined in applicable laws and regulations;
(iii) conduct related to a criminal organization;

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 31

 (iv) money laundering or terrorist financing, as defined in applicable
laws and regulations;
(v) terrorist offences or offences linked to terrorist activities, or inciting,
aiding, abetting, or attempting to commit such offences;
(vi) child labor or other offences concerning trafficking in human beings
as defined in applicable laws and regulations;
it has been established by a final judgment or final administrative
decision that the Organization has created an entity under a different
jurisdiction with the intent to circumvent fiscal, social or any other legal
obligations in the jurisdiction of its registered office, central
administration, or principal place of business.

II – Situations of exclusion concerning natural or legal person with power

of representation, decision-making or control over the legal Organization
and beneficial owners

2. declares that a natural or legal person who is a member YES NO N/A

of the administrative, management or supervisory body of the
Organization, or who has powers of representation, decision, or
control with regard to the above-mentioned Organization (this
covers e.g., company directors, members of management or
supervisory bodies, and cases where one natural or legal person
holds a majority of shares) is in one of the following situations:
Situation (c) above (grave professional misconduct)
Situation (d) above (fraud, corruption, or other criminal offence)
Situation (e) above (creation of an entity with the intent to circumvent
legal obligations)

III – Remedial measures

If the Organization declares one of the situations of exclusion listed above, it must indicate
measures it has taken to remedy the exclusion situation, thus demonstrating its reliability. This
may include e.g., technical, organizational and personnel measures to prevent further
occurrence, compensation of damage or payment of fines or of any taxes or social security
contributions. The relevant documentary evidence which illustrates the remedial measures
taken must be provided in annex to this declaration. This does not apply for situations referred
to in point (d) of this declaration.

IV – Evidence upon request

Upon request the Organization must provide information on natural or legal persons that are
members of the administrative, management or supervisory body or that have powers of
representation, decision, or control, including legal and natural persons within the ownership
and control structure and beneficial owners. It must also upon request provide production of
recent certificates issued by the competent authorities and/or a recent extract from the judicial
record or, failing that, an equivalent document recently issued by a judicial or administrative
authority in the country of establishment of the Organization showing that those requirements
are satisfied. These documents must provide evidence covering all taxes and social security
contributions for which the Organization is liable, including for example, VAT,
income/company tax and social security contributions.

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 32

 V – Final
The signatory declares that the above-mentioned Organization has truthfully provided the
information herein.

The above-mentioned Organization shall immediately inform the contracting authority of any
changes in the situation as declared.

The above-mentioned Organization may be subject to rejection from the contracting or

selection procedure and to legal claims if any of the declarations or information provided as a
condition for contracting with GCA prove to be false.

The above-mentioned Organization will comply with the UN Supplier Code of Conduct, to the
extent applicable. The code is available on: https://www.un.org/Depts/ptd/about-us/un-
supplier-code-conduct.

Full name:

Date:

Signature (authorized representative):

GCA-PR-24-579 | March 2025: Request for Proposal 01-25 33